Vijay Mallya

Liquor baron Vijay Mallya’s Kingfisher Airlines Ltd, which was grounded since October 2012, has reported yet another quarter of loss to the tune of $380 million. While the debt-ridden Airlines is yet to win regulatory approvals from the…

After facing a lot irregularity in salary, the employees of Kingfisher Airlines have lost all patience. As a last major they have threatened to disrupt the upcoming IPL matches to protest against their flamboyant Boss Vijay Mallya, who owns…

TNI Bureau: Cash strapped Kingfisher Airlines has lost its permit on Monday to fly after a deadline to renew its suspended licence expired. Directorate-General of Civil Aviation, DGCA, chief Arun Mishra told to media  that the…

TNI Bureau: Is Vijay Mallya going bankrupt because of the turbelence in Kingfisher Airlines? May be too early to predict, but Mallya-owned United Spirits has sold 53.4% stakes to UK-based Diageo Plc. The deal has been finalised at Rs…

TNI Bureau: Vijay Mallya has continues to give a miss to the media and Kingfisher employees even as the crisis within the airlines has deepened further. Mallya is reportedly having a leisure in Europe, while the Kingfisher employees are on…

TNI Bureau: Financial crisis driven Kingfisher Airlines last night declared a partial lock-out with immediate effect and suspended flight operations till 4th October. As many as 50 flights were cancelled with pilots joining the striking…

TNI Bureau: Analysing the current situation of the cash-strapped Kingfisher, it is quite obvious that Vijay Mallya may not be able to survive unhurt without Diageo. The excellent but poorly managed Kingfisher airline is struggling to stay…